Bowen is in the bottom 30% in QLD when comparing median price capital growth over the last year. Bowen gave property investors a disappointing capital gain figure when compared to the rest of the state, with -4.19%.
Across a shorter period, Bowen, 4805 has seen a median price increase of 0.46% over the last quarter.
At number 31th of QLD’s most discounted properties, Bowen is in the bottom 10% of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $260 and the average annual increase in value of a median property of -0.89%, investors should hope to achieve an overall return of 4.98%
Property value increases in Bowen have tracked lower than the QLD average of 0.65% over the last 12 months.
Advertised rents are around the $270 mark per week – giving a return of 8.99% based on the median price in Suburb